Have You Heard of Kiva Yet?

kiva1Kiva is the world’s first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs around the globe.

The people you see on Kiva’s site are real individuals in need of funding – not marketing material. When you browse entrepreneurs’ profiles on the site, choose someone to lend to, and then make a loan, you are helping a real person make great strides towards economic independence and improve life for themselves, their family, and their community. You can loan as little as $25, and throughout the course of the loan (usually 6-12 months), you can receive email journal updates and track repayments. Then, when you get your loan money back, you can relend to someone else in need.

My first loan with Kiva was in May of 2008, to a family in Samoa trying to open a bakery, and it has been 75% repaid.  When it is fully repaid, I will lend it out again to someone else.  I highly recommend Kiva, and urge you to check them out.